POSSIBLY, some people who "shouldn't" be in college (they lack the interest and the background but are going because "everyone does now") goes into an apprenticeship or to a vocational school instead.

I see some bad, some perhaps not-so-bad. Of course, I'm a scientist with tenure, so I feel like unless things really go bad, I'm probably safe. I would not feel the same way were I a Women's Studies professor coming up for tenure in a couple years...

Yes. Luckily my oldest son will graduate in May. My youngest is taking the semester off to work because we simply cannot afford anymore student loans. Of course, it used to be that state schools were the refuge of the struggling middle class. What will big state schools with their big state budgets do when parents decide, wisely, to send their kids to community college for a couple of years first. Will we then see Obama bailing out the likes of Harvard and Yale?